URGENT/ACTION REQUESTED
[15082]
August 29, 2002
TO: BROKER/DEALER ADVISORY COMMITTEE No. 34-02
COMPLIANCE ADVISORY COMMITTEE No. 67-02
INTERNATIONAL COMMITTEE No. 62-02
INTERNATIONAL OPERATIONS ADVISORY COMMITTEE No. 36-02
MONEY LAUNDERING RULES WORKING GROUP No. 50-02
PRIMARY CONTACTS - MEMBER COMPLEX No. 71-02
TRANSFER AGENT ADVISORY COMMITTEE No. 75-02
RE: OFAC UPDATE
The Office of Foreign Assets Control (OFAC) has added fourteen entities and eleven
individuals to its list of Specially Designated Nationals and Blocked Persons as specially
designated global terrorists (SDGTs). The new entries are listed below. Their assets must be
blocked immediately.1
Entities
AKIDA BANK PRIVATE LIMITED (f.k.a. AKIDA ISLAMIC BANK
INTERNATIONAL LIMITED; f.k.a. IKSIR INTERNATIONAL BANK
LIMITED), c/o Arthur D. Hanna & Company; 10 Deveaux Street, Nassau,
Bahamas; P.O. Box N- 4877, Nassau, Bahamas [SDGT]
AKIDA INVESTMENT CO. LTD. (a.k.a. AKIDA INVESTMENT COMPANY
LIMITED; f.k.a. AKIDA BANK PRIVATE LIMITED), c/o Arthur D. Hanna &
Company, 10 Deveaux Street, Nassau, Bahamas; P.O. Box N-4877, Nassau,
Bahamas [SDGT]
BA TAQWA FOR COMMERCE AND REAL ESTATE COMPANY LIMITED,
Vaduz, Liechtenstein; formerly c/o Asat Trust reg., Vaduz, Liechtenstein [SDGT]
1 OFAC regulations require US persons, including investment companies, to block all accounts and assets of persons
or entities named by OFAC. For an overview of OFAC regulations and a description of the various measures that
mutual fund organizations may wish to consider adopting to ensure compliance with those regulations, refer to the
Institute’s paper entitled “Foreign Assets Control Compliance for Mutual Funds.” This paper is available on the
Institute’s members’ website at http://members.ici.org. The members’ website is password-protected; staff at
Institute member firms may request access codes by filling out the enrollment form on the website.
2
GULF CENTER S.R.L., Corso Sempione 69, 20149 Milan, Italy; Italian Fiscal
Code: 07341170152; V.A.T. Number: IT 07341170152 [SDGT]
MIGA-MALAYSIAN SWISS, GULF AND AFRICAN CHAMBER (f.k.a. GULF
OFFICE ASSOC. PER LO SVILUPPO COMM. IND. E TURIS. FRA GLI STATI
ARABI DEL GOLFO E LA SVIZZERA), Via Maggio 21, 6900 Lugano TI,
Switzerland [SDGT]
NADA INTERNATIONAL ANSTALT, Vaduz, Liechtenstein; formerly c/o Asat
Trust reg., Vaduz, Liechtenstein [SDGT]
NASCO BUSINESS RESIDENCE CENTER SAS DI NASREDDIN AHMED
IDRIS EC, Corso Sempione 69, 20149 Milan, Italy; Italian Fiscal Code:
01406430155; V.A.T. Number: IT 01406430155 [SDGT]
NASCO NASREDDIN HOLDING A.S., Zemin Kat, 219 Demirhane Caddesi,
Zeytinburnu, Istanbul, Turkey [SDGT]
NASCOSERVICE S.R.L., Corso Sempione 69, 20149 Milan, Italy; Italian Fiscal
Code: 08557650150; V.A.T. Number: IT 08557650150 [SDGT]
NASCOTEX S.A. (a.k.a. INDUSTRIE GENERALE DE FILATURE ET
TISSAGE; a.k.a. INDUSTRIE GENERALE DE TEXTILE), KM 7 Route de Rabat,
BP 285, Tangiers, Morocco; KM 7 Route de Rabat, Tangiers, Morocco [SDGT]
NASREDDIN COMPANY NASCO SAS DI AHMED IDRIS NASREDDIN EC,
Corso Sempione 69, 20149 Milan, Italy; Italian Fiscal Code: 03464040157; V.A.T.
Number: IT 03464040157 [SDGT]
NASREDDIN GROUP INTERNATIONAL HOLDING LIMITED (a.k.a.
NASREDDIN GROUP INTERNATIONAL HOLDINGS LIMITED), c/o
Arthur D. Hanna & Company; 10 Deveaux Street, Nassau, Bahamas; P.O. Box N-
4877, Nassau, Bahamas [SDGT]
NASREDDIN INTERNATIONAL GROUP LIMITED HOLDING (a.k.a.
NASREDDIN INTERNATIONAL GROUP LTD. HOLDING), c/o Rechta
Treuhand-Anstalt, Vaduz, Liechtenstein; Corso Sempione 69, 20149, Milan, Italy
[SDGT]
NASREDDIN FOUNDATION (a.k.a. NASREDDIN STIFTUNG), c/o Rechta
Treuhand-Anstalt, Vaduz, Liechtenstein [SDGT]
Individuals
BEN SOLTANE, Adel, Via Latisana n. 6, Milan, Italy; DOB 14 Jul 1970; POB
Tunis, Tunisia; Italian Fiscal Code: BNSDLA70L14Z352B (individual) [SDGT]
3
BENATTIA, Nabil; DOB 11 May 1966; POB Tunis, Tunisia (individual) [SDGT]
CHEKKOURI, Yassine; DOB 6 Oct 1966; POB Safi, Morocco (individual) [SDGT]
JELASSI, Riadh; DOB 15 Dec 1970; POB Tunisia (individual) [SDGT]
KAMMOUN, Mehdi, Via Masina n.7, Milan, Italy; DOB 3 Apr 1968; POB Tunis,
Tunisia; Italian Fiscal Code: KMMMHD68D03Z352N (individual) [SDGT]
KISHK, Samir; DOB 14 May 1955; POB Gharbia, Egypt (individual) [SDGT]
MAAROUFI, Tarek Ben Habib; DOB 23 Nov 1965; POB Ghardimaou, Tunisia
(individual) [SDGT]
REMADNA, Abdelhalim; DOB 2 Apr 1966; POB Bistra, Algeria (individual)
[SDGT]
THAER, Mansour; DOB 21 Mar 1974; POB Baghdad, Iraq (individual) [SDGT]
TLILI, Lazhar Ben Mohammed, Via Carlo Porta n.97, Legnano, Italy; DOB 26
Mar 1969; POB Tunis, Tunisia; Italian Fiscal Code: TLLLHR69C26Z352G
(individual) [SDGT]
WADDANI, Habib, Via unica Borighero n.1, San Donato M.se (MI), Italy; DOB
10 Jun 1970; POB Tunis, Tunisia; Italian Fiscal Code: WDDHBB70H10Z352O
(individual) [SDGT]
The OFAC guidelines summarizing its terrorism sanctions regulations have been revised
and republished to reflect these additions, and are available on the OFAC web site,
www.treas.gov/ofac.
Robert C. Grohowski
Associate Counsel